Entertainment
Forbes Releases New Billionaire Rankings As Musk Reclaims No. 1 Spot (Full list)
Elon Musk has once again claimed the top spot on Forbes’ list of the world’s richest individuals, thanks to a sharp rise in Tesla shares and a strategic withdrawal from public office.
As of June 1, 2025, Musk’s estimated net worth stands at a colossal $423 billion.
According to Forbes, Musk’s fortune rose by $36 billion in May alone — largely fueled by a 23% rally in Tesla stock following news of the company’s anticipated robotaxi rollout.
The billionaire also stepped down from his role as head of the U.S. Department of Government Efficiency, a position he held under President Donald Trump.
READ ALSO: Elon Musk Joins Trump Administration To Cut Bureaucracy
Musk made the announcement alongside Trump during a press briefing in the Oval Office of the White House on May 30.
The image of Musk removing his cap as he addressed journalists next to the U.S. President underscored the end of his formal political engagement and a renewed focus on his private ventures: Tesla, SpaceX, xAI, and X.
Forbes remarked that this series of events “further cemented Musk’s status as the world’s wealthiest person by far.”
Tech fortunes dominated the latest rankings. Mark Zuckerberg climbed to second place with $224 billion, displacing Jeff Bezos, who now sits in third with $220 billion.
Zuckerberg’s rise was propelled by an 18% jump in Meta’s share price, while Bezos benefitted from an 11% boost in Amazon stock, adding $19 billion to his wealth.
Meanwhile, the global market rebound — particularly in the tech-heavy Nasdaq and S&P 500, which gained 10% and 6% respectively — provided fertile ground for wealth accumulation across the tech sector.
The remaining names in the top ten reflect familiar faces:
Larry Ellison (Oracle) – $206bn
Warren Buffett (Berkshire Hathaway) – $158bn
Bernard Arnault (LVMH) – $144bn
Larry Page (Google) – $142bn
Sergey Brin (Google) – $136bn
Steve Ballmer (Microsoft, LA Clippers) – $133bn
Amancio Ortega (Inditex/Zara) – $124bn
While most billionaires saw gains in May, Buffett experienced a notable decline.
Forbes reported that he lost $9 billion following his announcement to step down as Berkshire Hathaway CEO — a decision that triggered a 5% drop in the company’s stock. Arnault also lost $3 billion due to a slight dip in LVMH shares.
Steve Ballmer moved up the list, surpassing Ortega after Microsoft’s stock jumped by 16%, adding $15 billion to his fortune.
Ortega, on the other hand, saw only a modest $600 million gain due to flat movement in Inditex shares.
Together, the top ten richest people now control a combined $1.9 trillion — an increase of $140 billion in just one month.
Entertainment
Grammy-Winning Singer Talay Riley Stabbed to Death in London
Grammy-winning Nigerian-British singer and songwriter Talay Riley has died after being stabbed in East London, a tragic incident that has prompted a murder investigation by British police.
Talay, whose real name was Mark Yinka Orabiyi, was reportedly attacked around 9 a.m. on Friday on Pankhurst Avenue in Silvertown, East London. Emergency services responded swiftly to the scene but were unable to save the 35-year-old musician.
Homicide detectives from the Specialist Crime Command have since launched an investigation into the circumstances surrounding his death.
READ MORE: Talay Riley
Confirming the heartbreaking news, Talay’s family released a statement expressing their grief and paying tribute to the late artiste.
“It is with overwhelming sadness that we confirm that Mark ‘Yinka’ Orabiyi professionally known as Talay Riley passed away yesterday morning,” the family said.
They described him as a Grammy Award-winning and multi-platinum-selling songwriter and artist whose humour, generosity and presence touched countless lives.
“We are deeply grateful for the enormous outpouring of love and support that we have received through messages, calls and visits over the past hours,” the statement added.
Talay, the brother of renowned music producer Scribz Riley, built a successful career spanning more than a decade in the R&B music industry.
He secured a publishing deal with Global Publishing at the age of 18 before later signing with Jive/Sony Records after featuring on rapper Chipmunk’s 2009 single.
Reacting to the tragic loss, Scribz Riley shared an emotional tribute on Instagram, describing his late brother as a mentor, inspiration and a light to many.
“My heart is shattered! This doesn’t feel real. It feels like a bad dream. Just before he went to sleep we spoke about the future, staying positive and about everything we still had left to do. I never imagined that would be our last conversation,” he wrote.
He continued: “Yinka wasn’t just my brother. He was my mother’s son, a friend to many, a mentor, an inspiration, and a light in so many people’s lives. He had one of the purest hearts I’ve ever known. He loved deeply, gave freely, and touched countless people through his talent, kindness, and spirit.
“The outpouring of love already shows how many lives he impacted. You inspired so many people and your legacy will continue to live on through your music, your family, your friends, and everyone blessed enough to have known you.”
Tributes have continued to pour in from across the music industry, with notable artistes including Stormzy and Craig David among those mourning the late singer.
Police investigations into the fatal stabbing remain ongoing.
Entertainment
Singer Niniola Announces Death of Husband
Nigerian afro-house singer Niniola has announced the death of her husband, Michael Ndika, in a series of emotional posts shared on her Instagram story in the early hours of Wednesday.
The Grammy-nominated artiste disclosed the heartbreaking news with short but emotional messages accompanied by photos of herself and her husband.
SEE ALSO: BREAKING: Nollywood Star Alex Ekubo Reportedly Dies at 40 After Health Battle
“God took him,” she wrote in one of the posts.
In another post, the singer added, “My husband died,” before sharing a third message that read, “God took him. 13 years. 13 f***ing years.”
Until his death, Michael Ndika was the Chief Executive Officer of NaijaReview, a multimedia platform known for promoting afro-house and contemporary African music.
Details surrounding the cause of his death were not immediately made public, as the singer has largely kept her private life away from social media and public attention over the years.
Niniola, 39, rose to fame after emerging as one of the top contestants on Project Fame West Africa in 2013. Since then, she has built a successful music career and gained international recognition for her afro-house sound.
Her hit single “Maradona,” released in 2017, earned global acclaim and attracted recognition from international stars including DJ Snake, Drake, Timbaland, and Beyoncé.
Fans, colleagues, and well-wishers have since taken to social media to sympathise with the singer over the tragic loss.
Entertainment
BREAKING: Nollywood Star Alex Ekubo Reportedly Dies at 40 After Health Battle
The Nigerian entertainment industry has been thrown into mourning following reports that popular Nollywood actor Alex Ekubo has died at the age of 40 after an alleged battle with kidney cancer.
The heartbreaking news surfaced on Tuesday after fellow Nollywood actor Godwin Nnadiekwe shared an emotional tribute on Instagram, expressing shock and sadness over Ekubo’s reported passing.
SEE ALSO: Nollywood Actress Doris Ogala Comes Hard On Gov Alex Otti Over Abia Money
“I’m struggling to find the words. This news has truly broken me,” Nnadiekwe wrote.
“Nollywood has lost a rare soul, and I’m lost for words because this wasn’t the plan, Alex Ekubo.
“To think you already prepared your will — it’s a heartbreak I can’t quite describe. Rest well, my friend.”
According to a Nollywood source, Ekubo was rushed to the hospital on Monday after reportedly battling kidney cancer.
The source claimed the actor died on Tuesday afternoon after spending hours on life support.
The development comes months after concerns emerged over the actor’s health due to his prolonged absence from social media.
A check on his pages showed that his last post was made on December 30, 2024, raising questions among fans about his wellbeing.
Since the news broke, social media has been flooded with tributes from fans, celebrities, and colleagues mourning the actor’s reported death and celebrating his contributions to the movie industry.
As of the time of filing this report, neither Ekubo’s family nor his management team had issued an official statement regarding the reports.
Ekubo was widely known for his roles in several Nollywood blockbuster films and remained one of the most recognised actors in the Nigerian entertainment industry.






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